Shears to Sears...yet another chapter in the Eddie Saga

Sears to close 100 to 120 Kmart, Sears stores - latimes.com: "NEW YORK— NEW YORK — At a time when holiday season sales overall have turned out better than expected, Sears Holdings Corp. was an exception: It said Tuesday that it will close 100 to 120 Sears and Kmart stores after disappointing holiday sales.

Its stock, having already lost 37 percent of its value this year, tumbled 20 percent to $36.61 in early trading, making it the biggest percentage decliner in the S&P 500.

One of its key suppliers, Whirlpool Corp., was down 5.6 percent.

The final list of stores to be closed hasn't yet been determined, Sears said."

'via Blog this'